Yonge subway extension steams ahead

The project’s completed environmental assessment was filed with the province’s Environment Ministry Monday after being approved last month by Environment Minister John Gerretsen.

“The Yonge subway extension is a major step closer to reality,” York Region Chair Bill Fisch said in a statement. “The Yonge subway extension project now stands ready for provincial and federal funding consideration.”

The 6.8-kilometre Yonge subway extension plan is expected to cost between $1.6 and $2.4 billion, and could be ready to accept its first passengers in 2016.

“This is an important project that will benefit people throughout the region and the GTA, creating the backbone of a seamless transit network for generations,” Fisch said. “(The extension) will vastly improve public transit, help stimulate the economy and create much-needed jobs.”